Might be a good long term hold
A insider purchase for SD just came in. This is does not fit the Micro stocks but it might be a good long term hold for a IRA.
This stock was a $60-$80 stock a few years back. It has been $15 this year.
FAIRFAX FINANCIAL HOLDINGS has been loading up
Todays Purchase
SANDRIDGE ENERGY INC
SD
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
04/19/10 1,000,000 shares @ $7.02 = $7,016,100.00
other recent buys
16-Apr-10
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Beneficial Owner (10% or more) 3,400,000 Indirect Purchase at $7.23 - $7.27 per share. $24,650,0002
7-Apr-10
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Beneficial Owner (10% or more) 130,000 Indirect Purchase at $7.69 per share. $999,699
Insider